Clean Harbors to acquire Veolia Industrial Cleaning Services

Clean Harbors Inc. and Veolia Environmental Services North America LLC, a subsidiary of Veolia North America Inc., have signed a definitive agreement whereby Clean Harbors will acquire Veolia North America’s U.S. Industrial Cleaning Services Division for $120 million in an all-cash transaction. The acquisition is expected to close in the first quarter of 2018, subject to approval by U.S. regulators and other customary closing conditions.

“The addition of Veolia’s U.S. Industrial Cleaning Services Division to our business will enable us to more rapidly grow our presence in the specialty industrial services market,” said Alan S. McKim, chairman and CEO of Clean Harbors. “Its operational footprint, which complements our North American network, will provide us with greater scale and density in key U.S. regions such as the Gulf Coast and will open new industrial markets within the Midwest.”

For more information, visit www.Cleanharbors.com or www.veolia.com.